CyrusOne back in the red after 'disappointing' Q3, sees 'much better' Q4

Thursday 29 October 2020 | 10:39 CET | News
Data centre group CyrusOne reported what it said was a "disappointing" set of results for the third quarter. CEO Bruce Duncan noted that leasing can in the business be "lumpy," particularly related to the timing on the execution of hyperscale deals. He nevertheless remains confident for "much better" results in the fourth quarter, boosted by strong year-to-date bookings, USD 82 million worth of backlog revenue, capacity across its markets and USD 1.7 billion in available liquidity to support growth. CyrusOne said it will keep its dividend at USD 0.51 for the fourth quarter, after raising it

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Categories: Fixed
Companies: CyrusOne
Countries: World
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